About the Broadcasting Industry
The Broadcasting industry includes 16 U.S.-listed companies in the Communication Services sector with a combined market capitalization of $9.32B. The largest are Nexstar Media Group, Inc. (NXST, $5.17B), Newsmax Inc. (NMAX, $1.03B) and Sinclair, Inc. (SBGI, $894.03M), together 76% of the industry's value.
3 of the 16 companies with reported earnings are profitable, and their median P/E ratio is 27.5. 6 of 16 pay a dividend, with a median yield of 7.31% among payers.
Over the past year the median stock is down 26.9%, and 3 of 15 are higher than a year ago. Median revenue growth is -7.0% year over year.
Best 1-year performers
Weakest 1-year performers
- TEN Holdings, Inc. (XHLD)−79.6%
- Urban One, Inc. (UONE)−67.9%
- iHeartMedia, Inc. (IHRT)−48.3%
Highest dividend yields
Profitability
- Profitable companies
- 3 of 16
- Median gross margin
- 42.6%
- Median net profit margin
- -7.9%
- Median return on equity
- -6.0%
Longest dividend growth streak: Nexstar Media Group, Inc. (NXST), 12 consecutive years.













